[144] CyberArk Software Ltd. SEC Filing

Rhea-AI Filing Summary

Form 144 filed for CyberArk Software Ltd. (CYBR) discloses proposed and recent sales of the issuer's common stock by insider EHUD MOKADY. The filing lists a proposed sale of 1,380 restricted shares to be executed through Morgan Stanley Smith Barney LLC on 09/15/2025 with an aggregate market value of $647,923.39. The form also reports six sales by the same person during the prior three months totaling 9,749 shares with listed gross proceeds for each trade. The filing includes standard representations that the seller is not aware of undisclosed material adverse information about the issuer.

Positive

• Disclosure compliance: The filer provided a Form 144 notice identifying the broker and planned sale, fulfilling Rule 144 notice requirements
• Detailed trade history: The filing lists six prior sales with dates, share amounts, and gross proceeds, improving transparency

Negative

• Significant insider selling activity: Six sales in the past three months plus a proposed sale total 9,749 shares, indicating notable insider dispositions
• Timing of acquisition and sale entries: The securities to be sold are listed as restricted stock with acquisition and payment dates matching 09/15/2025, which may warrant closer review for investors seeking context

Insights

Securities Analyst

TL;DR: Routine insider disposition notice showing multiple recent sales and a planned sale through a named broker.

The Form 144 is a standard disclosure of proposed insider sales under Rule 144. It names the broker, Morgan Stanley Smith Barney LLC, and specifies a planned sale of 1,380 restricted shares on 09/15/2025 valued at $647,923.39. The filer, EHUD MOKADY, also reported six prior sales in the last three months totaling 9,749 shares with provided gross proceeds. From a market-impact perspective, this is a routine liquidity event documented for regulatory compliance; the filing contains no information about company operations, earnings, or material nonpublic developments.

Corporate Governance Expert

TL;DR: Disclosure fulfills Rule 144 notice obligations; notable for frequency and aggregate size of recent insider sales.

This filing meets the procedural requirements for notifying the market of restricted/security holder sales. The pattern shows multiple dispositions over recent months plus a planned sale. While the document includes the seller's attestation about lack of undisclosed material adverse information, it contains no operational or financial details about CyberArk. For governance review, examining the context of the sales relative to any insider trading plans or blackout periods would be relevant, but such context is not provided in this filing.

09/15/2025 - 04:07 PM

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1380	647923.39	50407204	09/15/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/15/2025	Restricted Stock	Issuer			1380	09/15/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
EHUD MOKADY 9 Hapsagot St. Park Ofer B, P.O. BOX 3143 Petach-Tikva L3 4951041	Common	08/15/2025	2089	871919.15
EHUD MOKADY 9 Hapsagot St. Park Ofer B, P.O. BOX 3143 Petach-Tikva L3 4951041	Common	08/04/2025	1574	645781.35
EHUD MOKADY 9 Hapsagot St. Park Ofer B, P.O. BOX 3143 Petach-Tikva L3 4951041	Common	07/21/2025	1574	609840.79
EHUD MOKADY 9 Hapsagot St. Park Ofer B, P.O. BOX 3143 Petach-Tikva L3 4951041	Common	07/07/2025	1574	632919.72
EHUD MOKADY 9 Hapsagot St. Park Ofer B, P.O. BOX 3143 Petach-Tikva L3 4951041	Common	06/23/2025	1574	617611.16
EHUD MOKADY 9 Hapsagot St. Park Ofer B, P.O. BOX 3143 Petach-Tikva L3 4951041	Common	06/16/2025	1364	537871.85

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What insider sales does the CYBR Form 144 disclose?

The filing reports a proposed sale of 1,380 common shares on 09/15/2025 and six prior sales in the past three months totaling 9,749 shares by EHUD MOKADY.

Who is the broker listed for the planned CYBR sale?

The broker named in the filing is Morgan Stanley Smith Barney LLC, with the planned execution through its New York office.

What is the reported aggregate market value for the proposed CYBR sale?

The proposed sale of 1,380 shares is shown with an aggregate market value of $647,923.39.

Does the Form 144 include any material nonpublic company information?

No. The filing contains a seller representation that they are not aware of undisclosed material adverse information, and the document includes no operational or financial disclosures about the issuer.

What were the gross proceeds for recent insider sales reported in the filing?

The filing lists gross proceeds for recent sales ranging from $537,871.85 to $871,919.15 for individual transactions, as shown in the table.